英文预付款保函_什么是预付款保函

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Advance Payment Guarantee

To:Advised through: From:

Dear Sirs:

.Whereas you signed the contract No.(hereinafter called the contract)with(hereinafter referred as the applicant)and at the request of the applicant, We, Bank of branch, hereby establish in your favor this independent L/G for the maximum amountof)(hereinafter referred to as the guaranteed amount)covering the advance payment and the corresponding interest under the contract.We undertake to pay you the amount specified in your demand, within 7 banking busine days upon receipt of your written demand and statement stating the effect and the aspect of the applicant’s default in fulfillment of any of his obligation for which the advance payment is made, provided that the aggregate amount claimed does not exceed the guaranteed amount.The guaranteed amount shall automatically and proportionally reduce according to the progre of the contract, which is evidenced by our receipt of the document（s）from the applicant.Unle exprely consented by us in written , any modification , amendment , or alteration of the Contract shall relieve our obligation under this L/G.Unle exprely consented by us in written ,this guarantee is not transferable or aignable.The formation,validity, interpretation,performance,termination or dispute resolution with respect to this L/G shall be governed and construed under the laws of the People’s Republic of China.Any disputes or claim arising out of or in relation to this L/G shall be governed by the courts of the People’s Republic of China.This guarantee shall come into force from our receipt of the statement by the applicant stating that it receives the advance payment, and remains Any claim should reach our counter on or before that day.Upon expiry, this L/G shall automatically become null and void and be cancelled whether it is returned to us or not.Except exprely stated herein, this L/G is subject